post-election we kind of raised the numbers twice towards 1450. >> with that in mind, you see year end going to 1580. >> that's right. >> we're going to have a round-about journey, the middle of the year you think looks treacherous. walk us through that. >> we think the first half's going to be pretty tricky. you know, we can see the u.s. economy strengthening, china improving and investors under way. so we think it's proper for the market to be rallying towards 1500. but i think we're going to get a speed bump that takes us down to 1350-ish, which means we're down year-to-date, before we see the market really see the second half strengthening and getting us to 1580. >> tom, do you thich the first part of the year will be tricky because of what is happening in washington is this let's say we had, you know, reached a grand par gain of some sorts at the end of last year. would you say it's also tricky still? >> yeah. i think because, you know, i mean, washington's definitely one part of that calculus. i think there's a lot of brinksmanship that will come with the second cliff. i think we